Stock market today: Global shares trading mixed after Wall Street’s momentum cools

A currency trader passes by the screens showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, March 26, 2024. Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking.

In Asia, Japan's benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to be little changed, inching down less than 0.1% to finish at 40,398.03. Analysts have been watching various global uncertainties, including in the Middle East and Russia, that affect energy prices as well as investor sentiments.

This week’s highlight for financial markets may be Friday’s report on U.S. consumer spending. It will also include the latest update on the measure of inflation that the Federal Reserve prefers to use. But U.S. markets will be closed in observance of Good Friday, and the bond market will close early on Thursday, which could bunch up trades in anticipation of the report.

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